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How much are you earning per annum?

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  #14171 (permalink)  
Old 24-07-2023, 06:55 PM
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I'm assuming this is per month, not per annum as the thread title states.

What industry is this where they give frankly unheard of 20% increments each year?
SWE in Bank / Finance / FinTech

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  #14172 (permalink)  
Old 24-07-2023, 07:30 PM
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restricted stock unit, shares allocated to the employee that are only transferred after certain conditions are fulfilled, such as number of years of service etc. some company calls it ESOP or vesting plans. I also have but not so much. his one alot sia.
Hmm do you count it as part of your compensation?

If you don’t meet those “certain conditions”, you don’t get it?

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  #14173 (permalink)  
Old 24-07-2023, 07:34 PM
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Hmm do you count it as part of your compensation?

If you don’t meet those “certain conditions”, you don’t get it?
i dont count stuff that havent realize yet sia, shiok to see but cannot touch yet. must see t&c, some companies issue to you at intervals, but cannot exit till company hits a certain milestone or some conditions are fulfilled. some is you need to work how many years then the ownership gets transferred to you. some is you get to purchase shares at discount for % of your salary.

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  #14174 (permalink)  
Old 25-07-2023, 11:19 AM
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His first 8 years approximate mine. Big 4 accounting.
Yup, that paltry starting salary definitely sounds like big 4. haha
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  #14175 (permalink)  
Old 25-07-2023, 06:02 PM
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Yup, that paltry starting salary definitely sounds like big 4. haha
“Lower starting, higher growth” is a model that no longer appeals much to the younger generation. Especially when there is no guarantee of reaching the higher stages.

It’s all about living in the present and flaunting on social media. Late game heroes just aren’t popular.
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  #14176 (permalink)  
Old 25-07-2023, 10:18 PM
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33/M, degree + post grad

2010-2000/mth
2011-2800/mth
2012-3300/mth
2013-5500/mth
2014- 7000/mth
2015- 8600/mth
2016- 8650/mth
2017- 9000/mth
2018 - 9000/mth
2019- 9000/mth
2020 - 13000/mth
2021 - 14200/mth
2022- 10830/mth
2023 - 11350/mth

how am i faring ?
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  #14177 (permalink)  
Old 26-07-2023, 12:37 AM
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Originally Posted by Unregistered View Post
33/M, degree + post grad

2010-2000/mth
2011-2800/mth
2012-3300/mth
2013-5500/mth
2014- 7000/mth
2015- 8600/mth
2016- 8650/mth
2017- 9000/mth
2018 - 9000/mth
2019- 9000/mth
2020 - 13000/mth
2021 - 14200/mth
2022- 10830/mth
2023 - 11350/mth

how am i faring ?
What happened in 2022?
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  #14178 (permalink)  
Old 26-07-2023, 02:02 AM
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What happened in 2022?
post-grad. left a highly toxic workplace, which although paid better, but didn`t have a proper work-life balance.


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  #14179 (permalink)  
Old 26-07-2023, 12:09 PM
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Quote:
Originally Posted by Unregistered View Post
33/M, degree + post grad

2010-2000/mth
2011-2800/mth
2012-3300/mth
2013-5500/mth
2014- 7000/mth
2015- 8600/mth
2016- 8650/mth
2017- 9000/mth
2018 - 9000/mth
2019- 9000/mth
2020 - 13000/mth
2021 - 14200/mth
2022- 10830/mth
2023 - 11350/mth

how am i faring ?
Too slow, minimum is 20k PA by 10 YOE.

Try harder next life
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  #14180 (permalink)  
Old 26-07-2023, 04:20 PM
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Too slow, minimum is 20k PA by 10 YOE.

Try harder next life
Pretty jealous!
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